Cryptocurrencies Price Prediction: Ripple, Polkadot & Bitcoin — Asian Wrap 25 Aug


Renowned analysts affirm XRP price will rise to $10 after brief correction

Pseudonymous analyst behind the Twitter handle @CredibleCrypto states that XRP looks primed for volatility and is likely to hit between $20 to $30 in this bull cycle. XRP consolidated for ten days, and despite a clear outlook on where the altcoin is headed next, analysts predict that a breakout is underway.

 

Polkadot could target $23 following DOT bearish breakout

A brief technical and on-chain analysis on Polkadot price. Here, FXStreet’s analysts evaluate where DOT could be heading next as it loses support.

 

Bitcoin trading volume stays subdued as price recovers

The rally may not be sustainable, according to Arcane Research. Although Bitcoin (BTC, -2.76%) broke out to a three-month high over $50,000 on Sunday, trading volume hasn’t picked up, according to Arcane Research. The seven-day average real BTC trading volume is still around $5 billion, less than half of what the market witnessed the last time bitcoin was at $50,000, Arcane Research analysts wrote Tuesday in a report. 

 

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